Search results
1 – 10 of 21
Debt restructuring was offered to good and bad companies alike. This indiscriminate approach delayed insolvency that would otherwise have overtaken 'zombie' companies.
The finance ministry insists its temporary debt relief request does not imply distress
Details
DOI: 10.1108/OXAN-GA259580
ISSN: 2633-304X
Keywords
Geographic
Topical
Both governments hope to benefit from IMF and EU emergency funding through the COVID-19 crisis. In addition, Ukraine is still working on persuading the IMF that it deserves a…
Details
DOI: 10.1108/OXAN-DB252300
ISSN: 2633-304X
Keywords
Geographic
Topical
Hit by the COVID-19 pandemic and plummeting global energy prices in the first half of the year, the government drew on its substantial reserves to fund fiscal stimulus and…
The ruling Georgian Dream party faces a more united opposition and mounting pressure from US and EU partners. Economic challenges are increasing as inflation rises, wages remain…
Details
DOI: 10.1108/OXAN-DB252942
ISSN: 2633-304X
Keywords
Geographic
Topical
Commodity exports have been hit in both countries, the Georgian tourism sector has become a source of weakness, and Armenia is exposed to Russia because of trade and labour…
Details
DOI: 10.1108/OXAN-DB252114
ISSN: 2633-304X
Keywords
Geographic
Topical
This will affect consumer borrowing as people become unable to afford new loans or repay old ones, and the housing market may experience a slump. Low-interest loan schemes to stop…
UKRAINE: COVID-19 forces difficult political choices
Details
DOI: 10.1108/OXAN-ES251697
ISSN: 2633-304X
Keywords
Geographic
Topical
Since the initial lockdown of March-May 2020, the government has prioritised economic reopening. This has had some success: last year's GDP contraction was less severe than many…
Like Kyrgyzstan and Uzbekistan, Kazakhstan took timely action when evidence of COVID-19 emerged. Their governments' claim of effective management may prove justified but is…